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Australia - April unemployment rate remains steady, part-time employment fuels job creation

Australia - April unemployment rate remains steady, part-time employment fuels job creation

New Jersey added jobs in April, according to the state Department of Labor, which also revised the March job loss almost 30 percent lower.

The U.S. unemployment rate was 4.4 percent in April, according to the Bureau of Labor Statistics.

Kentucky's seasonally adjusted preliminary April unemployment rate was 5.1 percent, according to the Office of Employment and Training, an agency of the Kentucky Education and Workforce Development Cabinet.

Government saw the largest job growth last month, up 1,900 jobs, followed by transportation, warehousing and utilities, which saw an increase of 1,600. The participation rate has improved by 1.5 percentage points from April 2016, the state reported.

"Our rate declined in April as we saw more people become employed, the labor force continued to grow and our employers reduced the number of new layoffs", said Georgia Labor Commissioner Mark Butler.

In April 2017, Kentucky's civilian labor force was 2,082,476, an increase of 17,282 people compared to the previous month.

Health care and social assistance (+6,800 jobs, or 3.0%) rounded out the list of fastest growing industries, as each of its four component industries added jobs at a rapid clip.

Private sector employment fell by 1,000 in April, but is up over the year by 9,900 jobs.

Since April 2016, manufacturing was up 4,200 jobs or 1.7 percent. He took over the state in midst of the recession in 2010 when the state's unemployment rate was almost 10 percent. Since April 2016, this sector is up 4,400 jobs or 1.1 percent.

Futures markets imply the figures have had no real impact on investor bets about the future of Reserve Bank of Australia interest rate decisions, with rates set to stay steady for most of the next 12 months. Construction and mining and logging were both unchanged.

Investors are hopeful that radical reforms by new French President Emmanuel Macron will help keep unemployment below double digit levels as he plans to ease the country's rigid labour laws, although he faces some resistance from opposition parties and Unions who fear that worker's rights may be eroded.